Angeles Investment Advisors LLC Has $823,000 Stake in Walmart Inc. (NYSE:WMT)

Angeles Investment Advisors LLC increased its position in Walmart Inc. (NYSE:WMT) by 4.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,191 shares of the retailer’s stock after buying an additional 466 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Walmart were worth $823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Voisard Asset Management Group Inc. boosted its holdings in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares in the last quarter. Hoese & Co LLP purchased a new stake in Walmart in the 3rd quarter valued at $33,000. EntryPoint Capital LLC purchased a new stake in Walmart in the 1st quarter valued at $25,000. TruNorth Capital Management LLC raised its position in Walmart by 138.3% in the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after buying an additional 249 shares during the last quarter. Finally, Cultivar Capital Inc. purchased a new stake in shares of Walmart during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 0.1 %

Shares of NYSE:WMT traded down $0.07 during trading on Wednesday, hitting $84.92. The company had a trading volume of 308,622 shares, compared to its average volume of 16,656,311. The stock has a market cap of $682.61 billion, a price-to-earnings ratio of 44.20, a price-to-earnings-growth ratio of 4.21 and a beta of 0.51. Walmart Inc. has a one year low of $49.85 and a one year high of $85.54. The company has a fifty day simple moving average of $80.82 and a two-hundred day simple moving average of $72.44. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, topping the consensus estimate of $0.65 by $0.02. The company had revenue of $169.30 billion for the quarter, compared to the consensus estimate of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. Walmart’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $0.61 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.44 earnings per share for the current year.

Insider Activity

In other news, major shareholder Alice L. Walton sold 2,709,163 shares of Walmart stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the transaction, the insider now directly owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Walmart news, major shareholder S Robson Walton sold 4,057,369 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares in the company, valued at approximately $47,245,498,149.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the sale, the insider now owns 630,501,148 shares of the company’s stock, valued at approximately $48,781,873,820.76. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,337,337 shares of company stock worth $958,823,647. 45.58% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of several research analyst reports. Oppenheimer raised their target price on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Sanford C. Bernstein began coverage on Walmart in a research report on Tuesday, October 22nd. They set an “outperform” rating and a $95.00 price target for the company. Barclays raised their price objective on Walmart from $66.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, August 16th. KeyCorp lifted their price target on Walmart from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Melius Research started coverage on Walmart in a research note on Monday, September 23rd. They issued a “buy” rating and a $95.00 price target on the stock. One analyst has rated the stock with a hold rating, twenty-nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Buy” and an average target price of $84.15.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.